South Korea's KOSPI Falls 3.73% After Brief Rebound From 7.57% Rout
Photo: TokenPost
South Korean stocks surrendered their brief recovery on Oct. 20 as the Korea Composite Stock Price Index (KOSPI) fell 3.73%, leaving it below the closing level reached after a 7.57% rout five days earlier. The benchmark lost 215.27 points to finish at 5,552.74 at 2:30 a.m. ET (06:30 UTC). Its Oct. 15 close was 5,554.22, just 1.48 points higher. The latest slide followed gains of 2.05% on Oct. 16 and 1.76% on Oct. 19. Selling extended to major semiconductor shares. Samsung Electronics lost 2.98%, while SK hynix shed 4.23%.
Source: TokenPost
